Street view of 3538 N Lynhurst Dr
1 / 6
37score
↓ $5,000
$185,000
MLS Street view
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3538 N Lynhurst Dr

Indianapolis IN 46224 · Single Family · built 1957
3 bd1 ba1,225 sqft$151/sqft vs ZIP $159 −5%
1.33 lender DSCR (est.)
Rent covers the estimated payment 1.33× · walk-away floor 1.20 · medium confidence
How we compute this

Rent est. $1,685/mo (ZIP + bedroom comps) ÷ estimated monthly payment: 75% LTV, ~7.5% rate, 30‑yr term, insurance ~0.5%/yr, taxes from the county assessor. Assumptions as of 2026-09-12.

DSCR 1.33price cut 3%
The underwriting

The numbers (estimates, illustrative)

$185,000List price
$1,685Rent estimate / mo
1.33Lender DSCR (est.)
$2,594Taxes / yr · county assessor
$159ZIP median $ / sqft
37/100Deal Score

Monthly picture (illustrative)

Rent est.$1,685
− Mortgage (P&I)−$970
− Taxes−$216
− Insurance−$77
= Cash flow before vacancy & repairs$422

The numbers

Price
$185,000
$ / sq ft
$151 ZIP median $159
Rent estimate
$1,685/mo ZIP + bedroom comps
Property taxes
$2,594/yr 2% cap on assessed value $129,700
PITIA (assumed)
$1,263/mo 75% LTV at ~7.5% over 30 yr, taxes, insurance 0.5%/yr
Lender DSCR (est.)
1.33 rent ÷ PITIA · lender floor 1.20
Deal Score
37/100 DSCR 1.33 · price cut 3%

The property

Beds / baths
3 / 1
Living area
1,225 sq ft
Lot
6,534 sq ft
Year built
1957
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22114687
Listed
Jul 17, 2026
Days on market
92
Listing agent
Ali Rahimi · Trueblood Real Estate
2607048309 · alirahimi@truebloodre.com
Price history
First asked $190,000 · previously $190,000 cut $5,000
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All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

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